Crash Course in Lead Nurturing
2
Today’s Speakers
Sean Callahan
Senior Manager, Content Marketing
LinkedIn
@sean_f_callahan
Justin Gray
CEO
LeadMD
@Jgraymatter
#LinkedInNurturing
4
5
Lead Nurturing Is the Process of
Building Relationships with Prospects
Until They’re Ready to Buy
The 3-Martini Lunch: What Lead
Nurturing Used to Be
6
7
The Buyer’s Journey Has Changed…
And So Has Lead Nurturing
88
Marketing Takes Control of Lead
Nurturing… And Has Built an
Automated and Always-On Process
99
Under the Marketing Department,
Lead Nurturing Has Been Email Centric
1010
Email’s Two Main Drawbacks:
• 95% of Website Visitors Don’t Share an
Email Address
• 80% of Prospects Who Have Shared an
Email Address Don’t Open Their Emails
1111
That’s Why Marketers Are Embracing
Multi-Channel Nurturing
1212
The Building Blocks
of Lead Nurturing Program
1313
1. Develop Your Strategy. (Word to the
Wise: Include the Sales Team).
1414
2. Develop Personas.
1515
3. Segment Your Audience.
1616
4. Create Content Based on Your
Audience Segments.
1717
5. Optimize, Test, Measure.
1818
6. Maintain a Clean, Updated
Database.
1919
7. Move Your Lead Nurturing
Beyond Email.
Today’s
Promise
 Define the fundamentals of Nurture
 Make it not sound so incredibly nebulous
 Provide a framework to succeed
About LeadMD
 Digital Marketing
consultancy specializing
in making strategy
actionable
 Focused on the Marketo
platform
 7 Years and 2600+
engagements
At the end of the day,
we know one thing:
Trust and Education win deals.
28% Year over year
increase in revenue
Among marketers who used Best in Class Lead
Nurturing.*
*Aberdeen Group
125% Overall Marketing
ROI
vs. 86% in orgs that did not effectively
nurture leads.*
*Aberdeen Group
The
traditional
funnel is just
garbage
For every 400
inquiries, only 1
becomes a closed
opportunity.
That is a
conversion rate
of .25 percent
Lead Nurturing Framework
 Total Market
 Ideal
Customer
Profile
 Ideal Buyer
 Persona
3. Message2. Channel1. Buyer Database 4. Timing
 Email
 Social
 Online
 Sales Enable
 Paid/SEO
 Inline
 Asset
 Alignment
 Referral
 General
 Persona
 Buying Stage
 Journey
Mapping
1.
Focus on your Database
Over half of B2B marketers (59%) noted that their
databases were incomplete.*
*Aberdeen Group
CRM
Persona
Title
Contact
Persona
Account
}
Set yourself up for success
Let’s talk about data structure under this model
IBP
What is an Total
Addressable Market?
 Total addressable
market (TAM) is a term that is
typically used to reference the
revenue opportunity available
for a product or service.
What is an ideal
customer profile?
 A description of a customer or
set of customers that includes:
- Demographic
- Geographic
- Psychographic characteristics
- As well as buying patterns,
- Creditworthiness
- Purchase history
What is an ideal
buyer persona?
A buyer persona is a detailed profile
of your ideal buyers based on
market research and real data about
your actual clientèle.
The more detailed your personas
are, the more results they’ll yield.
2.
Take a multi-Channel
Approach
45% of marketers say <4% of email contacts
convert to qualified leads.*
*Hubspot
Marketing
Automation
Social
Online & Paid
Retargeting
Sales
Enablement
Nurture Mix
OFFERS
EDUCATION AND THOUGHT
LEADERSHIP
SOLUTIONS AND PRODUCT
SUITABILITY
DECISION SUPPORT AND
CREDENTIALS
Online Best Practices
• Quarterly Playbooks
Third-party Programs
• Analyst Report
Ad-hoc Programs
• Category-based programs
based on market insights or
timely events
• Demos
• Discounts
• Proof of Concept
• Sales Presentation
• Pricing
• Trial Implementation plan
Channel Alignment
3.
Map Content to the Buyer
Marketers who use personas and map content to the
buyer’s journey enjoy 73% higher conversions over
those who did not.*
*Aberdeen Group
Three Core
Data Sets
Content Mapping Keys
 Buyer/Account Persona
 Tailored Content that Converts
 Marketing & Sales Messaging is more than ’Air Cover’
- It is central to ABM Strategy & Execution
A = Goes to Sales
B = BDR
C = Off to Marketing
Align the relevant resource
D = Off to Marketing
Meet Our Primary Buyers (IBP)
Extremely
knowledgeable who’s
personality differs based
on her organization
 60% of buyers
 Guards her “island” and is
most cautious.
 Doesn't want a long term
engagement.
 Most purchasing authority
 Always looking for “gotchas”
so be on your game
Rising RitaEntrenched Edward Startup Sue
Young up and comer
in a rising institution
 15% of buyers
 Least time at position
 Replacing the old
guard's contractual
relationships.
 Aspiring to be the best
of the best
 A bit arrogant, but
smart, ultimately an
influencer you want on
your side
Tenured Exec with the
same lead manager
doing the same thing
and is bored to death
 20% of buyers
 Most time at position
 They want a fling and
they want it now
 High budget control, can
be a third party
consultant
Young, aggressive &
looking for love
 5% of buyers
 Most tech literate
 Lowest revenue,
smallest firm, influencer
level
 A marketing unicorn
who does a little bit of
everything
 A great partner for a
long lasting business
relationship
Poly Pam
4.
Align to the Buying Stage
The use of Journey Maps led to a 40% increase in
lead velocity.*
*New Business Strategies
The Role
of Content
 Show how persona’s drive:
- Ideation
- Alignment
- Creation
- Execution
- Analytics
The
Evolution of
Marketing
IQ
Page 46
Cheat Codes
Qualitative  Quantitative  Qualitative
Get the LeadMD Guide to Buyer Centric
Revenue
leadmd.com/resource/topo-casestudy
Thank you!
Questions?
Sean Callahan
Senior Manager, Content Marketing
LinkedIn
@sean_f_callahan
Justin Gray
CEO
LeadMD
@Jgraymatter
Live Webinar: Crash Course to Lead Nurturing

Live Webinar: Crash Course to Lead Nurturing

  • 2.
    Crash Course inLead Nurturing 2
  • 3.
    Today’s Speakers Sean Callahan SeniorManager, Content Marketing LinkedIn @sean_f_callahan Justin Gray CEO LeadMD @Jgraymatter
  • 4.
  • 5.
    5 Lead Nurturing Isthe Process of Building Relationships with Prospects Until They’re Ready to Buy
  • 6.
    The 3-Martini Lunch:What Lead Nurturing Used to Be 6
  • 7.
    7 The Buyer’s JourneyHas Changed… And So Has Lead Nurturing
  • 8.
    88 Marketing Takes Controlof Lead Nurturing… And Has Built an Automated and Always-On Process
  • 9.
    99 Under the MarketingDepartment, Lead Nurturing Has Been Email Centric
  • 10.
    1010 Email’s Two MainDrawbacks: • 95% of Website Visitors Don’t Share an Email Address • 80% of Prospects Who Have Shared an Email Address Don’t Open Their Emails
  • 11.
    1111 That’s Why MarketersAre Embracing Multi-Channel Nurturing
  • 12.
    1212 The Building Blocks ofLead Nurturing Program
  • 13.
    1313 1. Develop YourStrategy. (Word to the Wise: Include the Sales Team).
  • 14.
  • 15.
  • 16.
    1616 4. Create ContentBased on Your Audience Segments.
  • 17.
  • 18.
    1818 6. Maintain aClean, Updated Database.
  • 19.
    1919 7. Move YourLead Nurturing Beyond Email.
  • 20.
    Today’s Promise  Define thefundamentals of Nurture  Make it not sound so incredibly nebulous  Provide a framework to succeed
  • 21.
    About LeadMD  DigitalMarketing consultancy specializing in making strategy actionable  Focused on the Marketo platform  7 Years and 2600+ engagements
  • 22.
    At the endof the day, we know one thing: Trust and Education win deals.
  • 23.
    28% Year overyear increase in revenue Among marketers who used Best in Class Lead Nurturing.* *Aberdeen Group
  • 24.
    125% Overall Marketing ROI vs.86% in orgs that did not effectively nurture leads.* *Aberdeen Group
  • 26.
  • 27.
    For every 400 inquiries,only 1 becomes a closed opportunity. That is a conversion rate of .25 percent
  • 28.
    Lead Nurturing Framework Total Market  Ideal Customer Profile  Ideal Buyer  Persona 3. Message2. Channel1. Buyer Database 4. Timing  Email  Social  Online  Sales Enable  Paid/SEO  Inline  Asset  Alignment  Referral  General  Persona  Buying Stage  Journey Mapping
  • 29.
    1. Focus on yourDatabase Over half of B2B marketers (59%) noted that their databases were incomplete.* *Aberdeen Group
  • 30.
  • 31.
    Let’s talk aboutdata structure under this model IBP
  • 32.
    What is anTotal Addressable Market?  Total addressable market (TAM) is a term that is typically used to reference the revenue opportunity available for a product or service.
  • 33.
    What is anideal customer profile?  A description of a customer or set of customers that includes: - Demographic - Geographic - Psychographic characteristics - As well as buying patterns, - Creditworthiness - Purchase history
  • 34.
    What is anideal buyer persona? A buyer persona is a detailed profile of your ideal buyers based on market research and real data about your actual clientèle. The more detailed your personas are, the more results they’ll yield.
  • 35.
    2. Take a multi-Channel Approach 45%of marketers say <4% of email contacts convert to qualified leads.* *Hubspot
  • 36.
  • 37.
    OFFERS EDUCATION AND THOUGHT LEADERSHIP SOLUTIONSAND PRODUCT SUITABILITY DECISION SUPPORT AND CREDENTIALS Online Best Practices • Quarterly Playbooks Third-party Programs • Analyst Report Ad-hoc Programs • Category-based programs based on market insights or timely events • Demos • Discounts • Proof of Concept • Sales Presentation • Pricing • Trial Implementation plan Channel Alignment
  • 38.
    3. Map Content tothe Buyer Marketers who use personas and map content to the buyer’s journey enjoy 73% higher conversions over those who did not.* *Aberdeen Group
  • 39.
  • 40.
    Content Mapping Keys Buyer/Account Persona  Tailored Content that Converts  Marketing & Sales Messaging is more than ’Air Cover’ - It is central to ABM Strategy & Execution
  • 41.
    A = Goesto Sales B = BDR C = Off to Marketing Align the relevant resource D = Off to Marketing
  • 42.
    Meet Our PrimaryBuyers (IBP) Extremely knowledgeable who’s personality differs based on her organization  60% of buyers  Guards her “island” and is most cautious.  Doesn't want a long term engagement.  Most purchasing authority  Always looking for “gotchas” so be on your game Rising RitaEntrenched Edward Startup Sue Young up and comer in a rising institution  15% of buyers  Least time at position  Replacing the old guard's contractual relationships.  Aspiring to be the best of the best  A bit arrogant, but smart, ultimately an influencer you want on your side Tenured Exec with the same lead manager doing the same thing and is bored to death  20% of buyers  Most time at position  They want a fling and they want it now  High budget control, can be a third party consultant Young, aggressive & looking for love  5% of buyers  Most tech literate  Lowest revenue, smallest firm, influencer level  A marketing unicorn who does a little bit of everything  A great partner for a long lasting business relationship Poly Pam
  • 43.
    4. Align to theBuying Stage The use of Journey Maps led to a 40% increase in lead velocity.* *New Business Strategies
  • 44.
    The Role of Content Show how persona’s drive: - Ideation - Alignment - Creation - Execution - Analytics
  • 45.
  • 46.
    Page 46 Cheat Codes Qualitative Quantitative  Qualitative
  • 47.
    Get the LeadMDGuide to Buyer Centric Revenue leadmd.com/resource/topo-casestudy
  • 48.
  • 49.
    Questions? Sean Callahan Senior Manager,Content Marketing LinkedIn @sean_f_callahan Justin Gray CEO LeadMD @Jgraymatter

Editor's Notes

  • #7 Add Diagram of Upper/Lower Funnel
  • #22 LeadMD Overview – Top tiered Marketo Preferred Partner Why we specialize in Marketo 2500 + engagements Early adopters – started out as a marketing automation agency NOT as a digital marketing agency. 30 + Certified experts
  • #23 LeadMD Overview – Top tiered Marketo Preferred Partner Why we specialize in Marketo 2500 + engagements Early adopters – started out as a marketing automation agency NOT as a digital marketing agency. 30 + Certified experts
  • #24 LeadMD Overview – Top tiered Marketo Preferred Partner Why we specialize in Marketo 2500 + engagements Early adopters – started out as a marketing automation agency NOT as a digital marketing agency. 30 + Certified experts
  • #25 LeadMD Overview – Top tiered Marketo Preferred Partner Why we specialize in Marketo 2500 + engagements Early adopters – started out as a marketing automation agency NOT as a digital marketing agency. 30 + Certified experts
  • #26 Primary reasons why many lead nurturing efforts underperform Lack of focus Too much complexity Too little complexity
  • #29 Teach it to our reps You have to start lumping them into buckets, (use shot’s from our Sales Playbook?) We were TOPO’s first playbook
  • #32 Surrounded by a buying committee Do you have the entire icp in your database? 55% coverage 100 % Two dimensions, the individual, who they are, what level they are at, what their role is, the distance from purchasing power How much autonomy to make that decision, if they have to bring in that many people. Doesn’t align to industry The person and their distance to purchasing power
  • #40 [VINCENT} Demographic: Company Fit Score Behavioral : Engagement Psych: Intent All three ovelap this is where our best customer is
  • #41 Based on what you’ve learned today
  • #42 Super engaged, is blue, send over t sales. A – level lead
  • #43 We will do a run down here on the results. It will remain high level.
  • #45 If the buyer works like this, what do you do? Gallery, in sales insight, new piece of content, everyone
  • #46 Machine learning, how those data points relate to each other, here is the model/commonality/ here’s what we’re seeing what does that mean, and then conduct actions to improve it/implement C leads and route to bdf, and only high value to A- sales, Understanding … we took in all these inputs are we seeing more ps win. What’s the time frame, 6 months AQL to BDR, they can weed through it more easily, we can make decisions on the marketing side to lesson the garbage D goes to marketing – put it into a cadence. Sales cadance, tell me what you wanted, reply with 1, 2,3. low touch unqualified and carves out of everything.
  • #47 Develop Closed-Loop Feedback Between Departments Prioritize and Track Key Metrics Feedback loop starting with the quality data often known only by a few – moving to a trusted system of analysis and comparison – evaluated by comparing the source of truth against the model’s outcome Let your model learn by capturing more and more data This is not a luxury – it is a requirement Traditional lead scoring is based on what we had – we are now expanding our data subset Capture more of the unstructured data It a knowledge sharing exercise Its easy not to see the big picture